Quote of the day - Never catch a falling knife

in #investing7 years ago

Quote of the day - Never catch a falling knife

Nosmoke clip art

What does it mean ? Be careful to invest in the market before you can see a bottom.

I found a great definition on Investopedia:

"As the phrase suggests, buying into a market with a lot of downward momentum can be quite dangerous. If timed perfectly, a buy at the bottom of a long downtrend can be rewarding - both financially and emotionally - but the risks run extremely high. This term implies that the investment will never be a good one again. Examples of stocks that have plummeted are plentiful; a widely-held stock can drop precipitously as the equity ownership is reduced to nothing."


Two Knives clip art

Source: http://www.investopedia.com/terms/f/fallingknife.asp
Photos: http://www.clker.com

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I love stock market wisdom :) and best is it also can be applied to crypto :)

Thanks, still learning about crypto. One of the great things about steemit is that there is a wealth of knowledge from so many people. Thanks. Upvoted.

Thanks @catskittensrule You're right there is so much knowledge available, but there is also a lot of FUD. It is important to differentiate good knowledge from the toxic ones :) All the best !

Hello! You have an interesting blog, can you help me? It's hard for me to be popular :(

What help are you looking for ?

In another message he wrote

I'm very afraid to invest, because I have little money and I'm afraid to sweat everything. But who does not take risks - he does not drink champagne. So you need to take a chance, just choose the best moment!

Maybe golos.io is interesting for you @dinar

I can not register there. Writes that my account is tied to the account dinar.sharipov. I enter the password, and writes that there is no such account :(

Strange, just try to set up another account. Good luck !

follow me ! lke me please

To invest money in business - you need to understand this case 100%, otherwise you can make a mistake and lose a lot, friends! Be vigilant in your endeavors!

thanks for info!

inspiring

Did you just copy & paste?

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hai hallo @witze i real happy with you. follow me and upvote me. nice come to steemit

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